Bonds u/s 54ec

This query is : Resolved 

11 January 2019 Dear exeprts,
as NHAI/REC Bonds limit is maximum 50 lacs in a year within 6 months from the date of sale.
Property is sold in jan 18.
My query is can i invest 50 lacs till march and then 50 lacs upto july, as financial year change?

11 January 2019 you can invest upto July.

11 January 2019 by this i can avail 1 cr bond for exeption or not?

12 January 2019 believe the act is very clear that the maximum limit for exemption is 50 lacs. I hope you are looking at the act too.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query